ACCELERATION OF DEBT MATURITY.

Tex. FIN Code § 345.062.
in effect
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A retail installment contract or retail charge agreement may not authorize the holder to accelerate the maturity of all or a part of the amount owed under the contract or agreement unless: (1) the retail buyer is in default in the performance of any of the buyer's obligations; or (2) the holder believes in good faith that the prospect of the buyer's payment or performance is impaired.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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